Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares, rose in value on Thursday, April 25, with the stock price up by 2.57% to the previous day’s close as strong demand from buyers drove the stock to $8.97.
Actively observing the price movement in the recent trading, the stock is buoying the session at $8.74. The PE ratio was 11.59 over 12-month period. Referring to stock’s 52-week performance, its high was $9.80, and the low was $3.41. On the whole, HMY has fluctuated by 15.23% over the past month.
The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 1.31%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HMY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HMY currently trading nearly 2.18% and 19.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.47, while the 7-day volatility ratio is showing 3.67% which for the 30-day chart, stands at 4.06%. Furthermore, Harmony Gold Mining Co Ltd ADR (HMY)’s beta value is 1.71, and its average true range (ATR) is 0.39.
A comparison of Harmony Gold Mining Co Ltd ADR (HMY) with its peers suggests the former has fared considerably weaker in the market. HMY showed an intraday change of 2.57% in today’s session so far, and over the past year, it grew by 97.03%%.
Data on historical trading for Harmony Gold Mining Co Ltd ADR (NYSE:HMY) indicates that the trading volumes over the past 3 months, they’ve averaged 6.50 million. According to company’s latest data on outstanding shares, there are 632.59 million shares outstanding.
Nearly 0.02% of Harmony Gold Mining Co Ltd ADR’s shares belong to company insiders and institutional investors own 28.31% of the company’s shares. The stock has risen by 45.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HMY stock heading into the next quarter.
